First Eagle

First Eagle Global·value·Retail & diversified funds

SGENX

~10–11% since 1979

Portfolio value

$62.7B

Positions

131

Top 5 concentration

11%

New buys this quarter

Track record vs S&P 500

$SGENX · total return since 2003

$10k grew to

$72k

CAGR

9.0%

vs S&P 500

-1.5%/yr

See the full comparison chart

Quarterly activity

What First Eagle bought and sold each quarter.

Apr 2026vs Jan 2026

Bought (25)

$005935.KSNew buy2.1%$BATS.LNew buy1.9%$PRX.ASNew buy1.6%$MC.PANew buy1.6%$6273.TNew buy1.4%$DSY.PANew buy1.4%$SHEL.LNew buy1.3%$MRK.DENew buy1.3%$NESN.SWNew buy1.3%$CFR.SWNew buy1.3%$ADPNew buy1.2%$ULVR.LNew buy1.1%$WALMEX.MXNew buy1%$033780.KSNew buy1%$8725.TNew buy1%$WTWNew buy1%$RKT.LNew buy1%$MDTNew buy0.9%$GBLB.BRNew buy0.9%$SCHP.SWNew buy0.9%$6861.TNew buy0.9%$6954.TNew buy0.9%$NENew buy0.8%$ITSA4.SANew buy0.8%$HLN.LNew buy0.8%

Sold (15)

$ADISold out$CHRWTrimmed-37%$TXNTrimmed-28.5%$IMO.TOTrimmed-27.9%$ABX.TOTrimmed-27.8%$NTR.TOTrimmed-25.8%$GOOGLTrimmed-21.1%$XRAYTrimmed-20.4%$XOMTrimmed-19.4%$NOVTrimmed-18.4%$TSMTrimmed-13.5%$HCATrimmed-11.9%$EXPDTrimmed-11.3%$BNYTrimmed-7.4%$IPGPTrimmed-6.5%

Jan 2026vs Oct 2025

Bought (10)

$FISVNew buy0.7%$VSNTNew buy0.1%$CRMAdded+15%$WYAdded+81.5%$WDAYAdded+72.8%$OKEAdded+45.3%$CHTRAdded+150.5%$EXRAdded+60.7%$FNFAdded+6.2%$CSLAdded+16.2%

Sold (18)

$GOOGLTrimmed-62.6%$ROSTTrimmed-49.7%$CMITrimmed-42.6%$TSMTrimmed-40.1%$DGTrimmed-27.7%$ABX.TOTrimmed-23%$NEMTrimmed-22.5%$CHRWTrimmed-22.1%$WPM.TOTrimmed-17.6%$IMO.TOTrimmed-9.8%$HCATrimmed-9.3%$UHSTrimmed-7.7%$ORCLTrimmed-7.3%$NOVTrimmed-6.8%$METATrimmed-6.7%$BNYTrimmed-6.6%$PMTrimmed-6.3%$AXPTrimmed-6.1%

Oct 2025vs Jul 2025

Bought (11)

$WDAYNew buy1.7%$BDXAdded+20.5%$ELVAdded+10.7%$CRMAdded+32.3%$FNV.TOAdded+97.6%$PPGAdded+12.6%$IFFAdded+58.4%$OKEAdded+23.6%$OMCAdded+66.4%$WYAdded+46.6%$CHTRAdded+79.9%

Sold (8)

$RGLDSold out$ABX.TOTrimmed-23.7%$NEMTrimmed-22.6%$CMITrimmed-15.8%$WPM.TOTrimmed-15.4%$ORCLTrimmed-11.3%$BNYTrimmed-6.8%$PMTrimmed-6.8%

Jul 2025vs Apr 2025

Bought (9)

$ABX.TONew buy1.5%$OMCNew buy0.7%$BDXAdded+39.3%$ELVAdded+11.7%$CRMAdded+19.5%$EXPDAdded+19.7%$BIOAdded+13.7%$OKEAdded+129.5%$IFFAdded+40.1%

Sold (12)

$KHCTrimmed-70.8%$FLSTrimmed-48.8%$BRK-ATrimmed-35.7%$ADITrimmed-29.7%$BNYTrimmed-19.3%$PMTrimmed-18.9%$ORCLTrimmed-17.8%$AXPTrimmed-17.2%$MSFTTrimmed-16.1%$TXNTrimmed-15.2%$HCATrimmed-12.1%$METATrimmed-5.2%

Apr 2025vs Jan 2025

Bought (14)

$IFFNew buy0.9%$CSLNew buy0.6%$FERGNew buy0.3%$BDXAdded+34.4%$GOOGAdded+13.1%$TSMAdded+17.9%$CRMAdded+15.4%$TXNAdded+21.1%$PPGAdded+61.8%$EXPDAdded+7.7%$DGAdded+10.7%$BIOAdded+214.6%$NTR.TOAdded+35%$CHTRAdded+120.2%

Sold (25)

$BA.LSold out$MC.PASold out$HLN.LSold out$ITSA4.SASold out$2RR.FSold out$HEN3.DESold out$GOLDSold out$6503.TSold out$LLOY.LSold out$SAN.PASold out$005935.KSSold out$8630.TSold out$UNVB.DESold out$033780.KSSold out$6273.TSold out$PRX.ASSold out$8725.TSold out$GBLB.BRSold out$3RB.DESold out$BN.PASold out$005930.KSSold out$7309.TSold out$6954.TSold out$SHEL.LSold out$6465.TSold out

Jan 2025vs Oct 2024

Bought (24)

$METANew buy4.3%$ELVNew buy2.2%$BNYNew buy2.1%$UNVB.DENew buy1.8%$3RB.DENew buy1.5%$WPM.TONew buy1.2%$2RR.FNew buy1.1%$SHEL.LNew buy0.7%$AEM.TONew buy0.6%$NTR.TONew buy0.6%$FNV.TONew buy0.4%$HEIA.ASNew buy0.1%$BDXAdded+52.5%$CMCSAAdded+10.1%$EXPDAdded+59.2%$6273.TAdded+94.1%$MC.PAAdded+41.7%$DGAdded+25.9%$005930.KSAdded+142.4%$PPGAdded+91.8%$DGE.LAdded+7.2%$MRK.DEAdded+70.8%$032830.KSAdded+152%$DLN.LAdded+12.6%

Sold (25)

$9988.HKSold out$AEMSold out$ANTMSold out$BKSold out$FBSold out$NTRSold out$RKT.LSold out$ULVR.LSold out$WPMSold out$RPMTrimmed-74.4%$SCHWTrimmed-67.3%$FLSTrimmed-57.2%$XOMTrimmed-37%$8630.TTrimmed-23.4%$BROTrimmed-20.4%$ADITrimmed-20.1%$AXPTrimmed-19.5%$OKETrimmed-16.8%$DISTrimmed-15.1%$SAN.PATrimmed-11.9%$PMTrimmed-11.3%$ROSTTrimmed-10.2%$ORCLTrimmed-10%$KHCTrimmed-9.6%$CRMTrimmed-9.6%

Oct 2024vs Jul 2024

Bought (18)

$FBNew buy3.5%$IMO.TONew buy2%$ANTMNew buy1.9%$DGNew buy0.6%$005930.KSNew buy0.3%$032830.KSNew buy0.2%$FMXAdded+33.6%$BDXAdded+18.1%$9735.TAdded+100%$005935.KSAdded+196.7%$ABEVAdded+6.1%$EXPDAdded+13.7%$6273.TAdded+12.3%$HEIO.ASAdded+27.5%$MC.PAAdded+128.6%$1113.HKAdded+5.3%$PPGAdded+55.2%$DLN.LAdded+19%

Sold (16)

$BKG.LSold out$ELVSold out$IMOSold out$MDTSold out$METASold out$WTWSold out$BROTrimmed-23.1%$CMITrimmed-23.1%$8630.TTrimmed-20.5%$KHCTrimmed-13.1%$POW.TOTrimmed-12.7%$BN.PATrimmed-11.3%$9988.HKTrimmed-10%$ROSTTrimmed-8.8%$ADITrimmed-7.3%$TXNTrimmed-7%

Jul 2024vs Apr 2024

Bought (21)

$IMONew buy1.9%$BIONew buy0.4%$UNHNew buy0.4%$CHTRNew buy0.2%$PMAdded+8%$ELVAdded+5.4%$PRX.ASAdded+12.3%$MDTAdded+5.3%$CRMAdded+35.6%$HLN.LAdded+28.8%$RKT.LAdded+30.6%$BDXAdded+30.1%$9988.HKAdded+11.1%$XRAYAdded+49.4%$IPGPAdded+7.2%$ITSA4.SAAdded+36.3%$6465.TAdded+5.5%$035420.KSAdded+62%$1113.HKAdded+10.4%$DGE.LAdded+65.8%$DLN.LAdded+9.1%

Sold (6)

$WMTSold out$IMO.TOSold out$TSMTrimmed-35.3%$UGITrimmed-26.3%$CLTrimmed-14.8%$5946.TTrimmed-5.6%

Quarter-over-quarter change in disclosed positions. Diversified book — only the larger sell-outs are shown.

Holdings

Stock	Move	% of portfolio	Reported px	Now	Since report
$GOOG Alphabet, Inc.	Held	3.1%	$381.94	$356.24	-6.7%
$META Meta Platforms, Inc.	Held	2.2%	$611.91	$631.48	+3.2%
$005935.KS Samsung Electronics Co. Ltd.	New buy	2.1%	$107.93	$194300.00	+179917.5%
$BDX Becton Dickinson & Co.	Held	1.9%	$149.04	$150.85	+1.2%
$BATS.L British American Tobacco plc	New buy	1.9%	$58.89	$4475.00	+7498.3%
$SLB SLB Ltd.	Held	1.9%	$56.88	$47.24	-16.9%
$ELV Elevance Health, Inc.	Held	1.7%	$376.42	$420.39	+11.7%
$MC.PA LVMH Moet Hennessy Louis Vuitton SE	New buy	1.6%	$534.21	$492.90	-7.7%
$PRX.AS Prosus NV	New buy	1.6%	$48.41	$39.61	-18.2%
$ORCL Oracle Corp.	Held	1.5%	$161.39	$144.27	-10.6%
$HCA HCA Healthcare, Inc.	Trimmed	1.5%	$434.45	$409.01	-5.9%
$IMO.TO Imperial Oil Ltd.	Trimmed	1.5%	$133.96	$170.32	+27.1%
$6273.T SMC Corp.	New buy	1.4%	$491.74	$75570.00	+15267.8%
$DSY.PA Dassault Systemes SE	New buy	1.4%	$22.53	$18.23	-19.1%
$BNY Bank of New York Mellon Corp. (The)	Trimmed	1.4%	$134.37	$152.26	+13.3%
$WY Weyerhaeuser Co.	Added	1.3%	$24.52	$22.50	-8.2%
$NESN.SW Nestle SA	New buy	1.3%	$101.24	$83.01	-18%
$SHEL.L Shell plc	New buy	1.3%	$45.15	$3036.50	+6625.3%
$FMX Fomento Economico Mexicano SAB de CV	Held	1.3%	$118.24	$127.00	+7.4%
$CFR.SW Cie Financiere Richemont SA	New buy	1.3%	$191.92	$183.75	-4.3%
$MRK.DE Merck KGaA	New buy	1.3%	$129.49	$141.85	+9.5%
$OKE ONEOK, Inc.	Held	1.2%	$92.46	$89.50	-3.2%
$ADP Automatic Data Processing, Inc.	New buy	1.2%	$211.94	$241.28	+13.8%
$CRM Salesforce, Inc.	Added	1.2%	$176.53	$162.50	-7.9%
$TSM Taiwan Semiconductor Manufacturing Co. Ltd.	Trimmed	1.1%	$396.06	$436.96	+10.3%
$PM Philip Morris International, Inc.	Held	1.1%	$165.07	$181.17	+9.8%
$WPM.TO Wheaton Precious Metals Corp.	Held	1.1%	$126.46	$156.83	+24%
$CHRW CH Robinson Worldwide, Inc.	Trimmed	1.1%	$181.81	$192.76	+6%
$CMCSA Comcast Corp.	Held	1.1%	$27.04	$23.35	-13.6%
$ULVR.L Unilever plc	New buy	1.1%	$58.56	$4551.00	+7671.4%
$XOM Exxon Mobil Corp.	Trimmed	1.1%	$154.33	$137.37	-11%
$WDAY Workday, Inc.	Added	1%	$122.40	$138.34	+13%
$WTW Willis Towers Watson plc	New buy	1%	$256.20	$289.13	+12.9%
$033780.KS KT&G Corp.	New buy	1%	$120.21	$173500.00	+144227.1%
$WALMEX.MX Wal-Mart de Mexico SAB de CV	New buy	1%	$3.15	$49.02	+1454.9%
$RKT.L Reckitt Benckiser Group plc	New buy	1%	$63.63	$4998.00	+7755%
$EXPD Expeditors International of Washington, Inc.	Trimmed	1%	$147.89	$170.62	+15.4%
$POW.TO Power Corp. of Canada	Held	1%	$55.79	$91.04	+63.2%
$8725.T MS&AD Insurance Group Holdings, Inc.	New buy	1%	$25.71	$4428.00	+17120.1%
$6861.T Keyence Corp.	New buy	0.9%	$458.67	$76970.00	+16681.3%
$FNV.TO Franco-Nevada Corp.	Held	0.9%	$230.71	$295.01	+27.9%
$GBLB.BR Groupe Bruxelles Lambert NV	New buy	0.9%	$93.42	$78.00	-16.5%
$SCHP.SW Schindler Holding AG	New buy	0.9%	$349.62	$262.40	-24.9%
$6954.T FANUC Corp.	New buy	0.9%	$44.17	$7156.00	+16099.9%
$MDT Medtronic plc	New buy	0.9%	$80.97	$82.39	+1.8%
$BIO Bio-Rad Laboratories, Inc.	Held	0.8%	$280.12	$297.28	+6.1%
$2RR.F Alibaba Group Holding Ltd.	New buy	0.8%	$16.48	$12.30	-25.4%
$UHS Universal Health Services, Inc.	Held	0.8%	$168.27	$155.20	-7.8%
$NEM Newmont Corp.	Held	0.8%	$111.09	$94.81	-14.7%
$HLN.L Haleon plc	New buy	0.8%	$4.62	$361.60	+7730.4%

Showing top 50 of 131 equity positions (this fund runs a diversified book).

Notable sell-outs this quarter: $ADI

Source: SEC N-PORT via FMP · Apr 2026 report · monthly portfolio, public with a delay. Long equity positions only. Not financial advice.